Phil Rosen
Business Insider
New York, NY, United States
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Past articles by Phil:
Apple's next iPhone could feature a 15% boost in battery life
"Battery pack is one of the area of smartphones that hasn't really been innovated on," technology video creator Jacklyn Dallas said. → Read More
It's almost impossible to trade on a US default - so here's what investors should do instead, according to Bankrate's senior economic analyst
"For most people, the best decision here is to take a long-term view," Bankrate senior economic analyst Mark Hamrick told Insider. → Read More
The Fed says it will investigate its oversight of Silicon Valley Bank following the biggest bank failure since 2008
"The events surrounding Silicon Valley Bank demand a thorough, transparent, and swift review by the Federal Reserve," Jerome Powell said Monday. → Read More
Larry Summers says Silicon Valley Bank doesn't present systemic risk as long as it's handled reasonably
"What is absolutely imperative is that, however this gets resolved, depositors be paid back, and paid back in full." → Read More
Oil prices could jump 17% by summer as crude has now bottomed out, top shale CEO says
"The question is when do we break out? I predict sometime this summer we'll break past $80 WTI on the way to $90 a barrel." → Read More
US stocks rise as investors assess softer employment data and brace for key jobs report
Weekly jobless claims totaled 211,000, an increase of 21,000 from the previous week and ahead of estimates for 195,000. → Read More
Be cautious on Big Tech stocks even though the Nasdaq has been beating the S&P 500 so far in 2023, DataTrek says
When the Nasdaq outperforms the S&P 500 by 5 points or more over 50 days, it's historically been followed by underperformance, DataTrek said. → Read More
US stocks rise as job gains come in strong and markets brace for Powell's 2nd day of testimony
Data showed businesses added more jobs than expected in February, with private payrolls rising 242,000 last month. → Read More
Jerome Powell's testimony is rattling markets. Here's what 4 strategists are saying about the Fed's hawkish stance.
Traders are pricing in higher odds of larger, half-point hike at the Mach policy meeting following the start of Jerome Powell's two-day testimony. → Read More
Citadel boss Ken Griffin made $4.1 billion last year, the most of any hedge fund manager in history
The famed Citadel chief topped Institutional Investors' rich list for the first time in six years after his flagship fund surged 38% in 2022. → Read More
US stocks climb as the S&P 500 looks to snap a weekly losing streak
The S&P 500 is on track for a winning week. Markets have been digesting comments from Fed officials on the pace and size of coming rate hikes. → Read More
Home prices are falling - these 3 cities have seen the biggest drops
Case-Shiller data on Tuesday showed home prices in its 20-city index have declined for six consecutive months. → Read More
US stocks climb as investors try to recover from the worst trading week of the year
The potential for higher-for-longer interest rates spooked investors last week, and the strong start to 2023 is showing signs of weakness. → Read More
The earnings recession has started - but here's why it hasn't hit stocks yet, according to DataTrek
There's a reasonable explanation as to why lower earnings estimates haven't fully translated into lower stock prices. → Read More
Why the resilient US economy is making it difficult for stock investors to thrive
Here's how to know when strong economic data will be good or bad for stock prices. → Read More
The West hits Russia with fresh sanctions and raises tariffs on key commodities a year after the invasion of Ukraine
The US and G-7 partners announced sanctions Friday on 200 individuals and entities that are supporting Moscow's war efforts against Ukraine. → Read More
Warren Buffett stocks: Here are Berkshire Hathaway's 5 best-performing shares of 2023
So far this year, standout names from Berkshire Hathaway's portfolio include Nu Holdings and Paramount Global. → Read More
Here's why Wall Street's top analysts don't think the bear market is over
Investors have dismissed warnings from the Fed and fueled a stock rebound, but JPMorgan, Morgan Stanley, and BofA still see pain ahead. → Read More
JPMorgan limits traders' use of ChatGPT amid regulatory concerns about financial information, report says
It's unclear whether other Wall Street firms will also ban the language tool, but concerns remain as to whether it could lead to regulatory snags. → Read More
ChatGPT recommends 5 books to become a smarter investor
One recommendation is a classic penned by Buffett's mentor, Benjamin Graham, that's widely considered the bible of value investing. → Read More